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Showing posts with the label ethereum etf

Ethereum ETF Inflows Outpace Bitcoin ETFs: Is ETH a Better Buy?

Spot Ethereum ETF inflows reported $455 million in net inflows on Tuesday, outpacing Bitcoin ETFs’ $88 million. It is the second time this week that ETH ETFs have outpaced Bitcoin’s ETFs. The two top cryptocurrencies by market capitalization have been competing over the last few months, both surging in 2025 so far. Despite being the cheaper option on the market, Ethereum’s value has grown nearly the same percentage as BTC: 79% to 81%. According to SoSoValue data, the funds from BlackRock and Fidelity spearheaded yesterday’s inflows — ETHA reported net inflows of $323 million, while FETH had $85.5 million. Grayscale’s ETHE and Mini Ethereum Trust ETF also saw positive flows. While Ethereum reaching an ATH in August was shadowed by BTC’s surge towards $120,000, ETH is looking like a favorable investment in the remainder of this year, and the competition between the two cryptocurrencies is expected to continue into September 2025. Could ETH Continue Strong Gai...

Ethereum: Is ETH a Lock for $4,000 After ETF Launch?

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With the Ethereum investment product set to go live Tuesday, many traders are wondering if ETH could be a lock to surge to $4,000 after the ETF launch. The token has currently fallen below the $3,500 mark, declining more than 1.4% in the last 24 hours, according to CoinMarketCap. The asset is set to be only the second crypto-based ETF in the United States. Moreover, the market is hopeful it can mirror Bitcoin’s success. The leading cryptocurrency debuted its ETF in January. Just three months later, the BTC reached an all-time high price of $73,000. Also Read: Five Spot Ethereum ETFs To Launch on July 23, CBOE Says Is Ethereum to $4,000 a Lock After Its ETF Debut? Last week, filings showed that Ethereum ETFs are set to debut on Tuesday, July 23rd. It should certainly be a landmark moment for crypto. Earlier this month, Kraken’s Thomas Perfumo told Bloomberg the product is “a big deal.” He called its arrival a “rising tide lifts all boat’s story.”...

Bloomberg Analysts Move Up Expected Ether ETF Launch to July 2

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Bloomberg ETF analysts are moving up their expected Spot Ether ETF launch date to July 2nd, according to analyst Eric Balchunas. Following reports of the SEC staff giving S-1 responses to ETF issuers, Balchunas doesn’t expect the approval to face significant delays. JUST IN: Spot Ethereum ETF projected to launch by July 2nd, Bloomberg ETF analyst says. — Watcher.Guru (@WatcherGuru) June 14, 2024 According to Balchunas, the SEC’s comments on S-1s are “pretty light,” and “nothing major.” The analyst says the SEC is asking for the S-1 form revisions to be returned in a week. Furthermore, the ETF analyst says there is a “Decent chance they work to declare them effective the next week.” The SEC reportedly can finalize the approvals before the Independence Day holiday weekend, however, “anything is possible.” This is a much sooner expectation than recently predicted by the SEC chair, Gary Gensler. Earlier thi...

SEC’s Ethereum ETF approval confirms its non-security status: Former CFTC chief

The SEC’s recent approval of Ethereum ETFs confirms its status as a non- security , says former CFTC Chairman Brian Quintenz, who is currently a head of policy of a16z crypto. On Oct. 2, the financial market welcomed a total of nine ETF products aimed at tracking futures contracts linked to Ether, the native currency of the Ethereum blockchain. Out of these nine, five ETFs are solely focused on Ether futures, whereas the remaining four offer exposure to both Bitcoin (BTC) and Ethereum (ETH) futures contracts. Grayscale Investments is also exploring the possibility of converting its existing Ethereum Trust into a spot Ethereum ETF. Ethereum ETF approvals suggest changing regulatory winds at SEC Brian Quintenz, who serves as the Head of Policy at a16z Crypto and is a former CFTC Commissioner, suggested that the SEC’s approval of an Ethereum ETF may signal a change in the agency’s stance, possibly moving away from treating ETH as a security . By approving ETH ...